Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$249,795$249,795$376,722
Remaining term (yrs)22.822.830.0
Secondary amount$0$126,927$0
Funding fee$1,249$1,249$0
Note rate3.840%3.840%7.320%
Blended rate3.840%5.242%7.560%
1st payment$1,367.25$1,367.25$2,587.82
2nd payment$0.00$846.18$0.00
Taxes / mo$348.82$348.82$348.82
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.34
HOA / mo$404.00$404.00$404.00
Total monthly$2,270.07$3,116.25$3,565.98
Cash to close$168,785$41,858$41,858